As per diagram, depending on the next 4 to 8 hrs, will determine what is more LIKELY to happen.
Trade active
Observation:We have had one higher high
We have approached the main resistance of 0.262
4 Hrly RSI is approaching oversold
8 Hrly RSI is 40% with room to go more
Volume has been disappointing
Waiting for the 3rd Green Candle on the 4 or 8 Hrly to say its a bullish trend and therefore entry.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.